Modern 5-Storey Residential Building with 54 Apartments in Kallithea

Modern 5-Storey Residential Building with 54 Apartments in Kallithea

Located one of the most established commercial corridors of Kallithea, this modern residential building benefits from a prime urban position between central Athens and the southern coastal zone. The location combines everyday convenience, strong public transport connectivity, and proximity to major cultural and recreational landmarks.

The development comprises a five-storey residential building with a total of 54 one-bedroom apartments, designed to meet the needs of modern city living while offering strong fundamentals for long-term rental performance and capital preservation.

Design Philosophy & Apartment Concept

The building follows a contemporary architectural approach, prioritizing practicality, clarity of layout, and efficient use of space. All apartments feature functional floorplans, private outdoor areas, and layouts optimized for natural light.

Apartment sizes range approximately from 36 sq.m. to 60 sq.m. total area, depending on floor level and configuration. Upper-floor residences benefit from larger balconies, enhancing both lifestyle quality and asset positioning.

All units are one-bedroom apartments, a highly liquid and in-demand typology within the Athens residential market, particularly suited for professionals, couples, and long-term tenants.

Vertical circulation is supported by multiple elevator cores, ensuring smooth daily operation and resident comfort.

Unit Mix Overview

• Mezzanine level: Compact, efficiently designed units

• Typical floors: Repetitive and cost-effective layouts suited for rental demand

• Top floor: Select apartments with extended outdoor spaces and upgraded positioning

This configuration allows for a balanced offering across price points while maintaining a coherent residential product.

Established Urban Environment

The property is situated within a fully developed neighborhood, providing immediate access to a wide range of daily amenities, including:

• Supermarkets and retail stores

• Pharmacies and medical facilities

• Cafés, restaurants, and local services

• Open-air cinema and leisure venues

• Extensive commercial activity along Thiseos Avenue

Public transportation is a key advantage. The area is already served by Metro Line 1 (Kallithea Station), while several new metro stations are planned in the wider area, further strengthening long-term accessibility and value prospects.

Strategic Location Advantages

Kallithea is one of the most dynamic urban districts of Athens, extending from the city center toward the sea. The area combines residential neighborhoods with commercial activity and benefits from excellent road connections to central Athens, Piraeus, and the national road network.

The district enjoys close proximity to the Athenian Riviera, offering direct access to coastal lifestyle amenities while remaining firmly connected to the urban core.

Cultural, Educational & Lifestyle Proximity

The location is enhanced by its closeness to major points of interest, including:

• The Stavros Niarchos Foundation Cultural Center, home to the Greek National Opera and National Library

• Delta Kallithea Marina and Flisvos Marina, offering dining, leisure, and waterfront promenades

• Key historical landmarks such as the Acropolis area and Filopappou Hill

• International educational institutions, including the International School of Piraeus

• The large-scale Ellinikon coastal regeneration, set to redefine the southern metropolitan area

Additionally, the planned Aenaon Faliriko Delta urban promenade, a 22 km pedestrian and cycling route connecting Kallithea with the southern suburbs, is expected to further elevate quality of life and long-term property values upon completion.

Investment Rationale

From an investment perspective, the development is supported by:

• Location on a major commercial avenue

• Strong transport connectivity

• Proximity to cultural, educational, and coastal infrastructure

• High-demand apartment typology

• Long-term upside driven by major urban regeneration projects

Overall, this is a well-positioned urban residential asset in an evolving Athens submarket, suitable for both stable rental income and long-term capital appreciation.